Investing in bonds: Introduction

Bonds are another building block of most investment
portfolios. There are all types to choose from and ways to buy them.

Everybody and every entity can buy bonds. Bonds are
used by your municipality to fund a new school or by corporations
that need to raise money. When you buy a bond, you're lending someone
money. This chapter will look at the various types of government
and corporate bonds, from U.S. Treasury securities (T-bills) to
savings bonds (I-bonds and EE Patriot bonds) and corporate bond
funds.